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HomeMy WebLinkAboutA 20050607000042 • • • 0110111111001111011111 Return Address: City Clerk's Office City of Renton 20050607000042 1055 S. Grady Way SPRINT UNITED COVPE01F12 30.00 Renton, WA 98055 KING7COUNTY,9WA Please print or type information Document Title(s) PARKING COVENANT/AGREEMENT Reference Number(s)of Documents assigned or released: [on page of document(s)] Grantor(s)(Last name first,then first name and initials) 1. Sprint Communications Company L.P. 2. . 3. . 4. 0 Additional names on page of document Grantee(s)(Last name first,then first name and initials) 1. City of Renton 2. . 3. . 4. 0 Additional names on page of document Legal Description(abbreviated I e lot,block,plat or section,township,range) BLK 22 LOT 16 THRU 25 & HILLMANS EARLINGTON GARDENS #1 LOTS 16 THRU 25 LESS ST HWY TGW LOTS 34 THRU 38 TGW LOT 39 LESS N 20 FT OF E 135 05 FT TGW W 60 FT OF LOT 40 LESS ST HWAY ❑ Additional names on page of document Assessor's Property Tax Parcel/Account Number: 334 OL1O 3gOSO6 _❑ Additional names on page of document The Auditor/Recorder will rely on the information provided on the form. The staff will not read the document to verify the accuracy or completeness of the indexing information provided herein. SprintjANetwork�pReal Estate ARN I5./1.4N...it.* 40 • f • PARKING COVENANT Grantor: Sprint Communications Company L.P. Grantee: City of Renton,WA Abbreviated Legal Description: 1415 Maple Avenue South Renton,WA Tax Assessor's Parcel No. This Parking Covenant is made on this 21.0day of i4per'1, 2005, by Sprint Communications Company, a Delaware limited partnership (the "Owner") RECITALS: A. Owner owns that certain building located at 1415 Maple Avenue South, in the City of Renton, County of King, Washington (the "Building") which sits on the tract of real property described on Exhibit A attached hereto (the "Property"). B. Owner purchased the building and all parking and outside areas from WAPO Investments, L.L.C., a Washington limited liability company ("WAPO"), including "all other rights, warranties, privileges and appurtenances owned by [WAPO] and in any way related to the Property . . . ." On July 30, 2004, the Owner recorded a Statutory Warranty Deed evidencing the conveyance of the Property and recorded in the real property records of King County, Washington. C. WAPO submitted to the City of Renton (the "City") a site plan (the "Site Plan") for the construction of technical space and supporting office space (the "Project") within the Building and, in connection with the Site Plan, WAPO requested a modification from Section 4-4-080F10 of the City's parking regulations in order to provide sixteen (16) parking stalls, less than the minimum of on-site parking spaces required by code, but more than sufficient for WAPO's employee count at full employment. The City agreed to approve the requested parking modification and WAPO executed and recorded a Parking Covenant, attached and incorporated herein as Exhibit B, as a covenant running with the land. Sprint Network Real Estate ARNL15951 piusil LOG o • • AGREEMENT NOW,THEREFORE, in consideration of the covenants contained herein, and for other good and valuable consideration, Owner and the City hereby agree as follows: 1. The provisions of the Parking Covenant between WAPO and the City shall be binding upon the City and the Owner, as WAPO's successor-in-interest to the Property. 2. Upon application for any change in use, property improvements, building permit, or business license for a new occupancy for the subject property, a parking analysis must be submitted for the City's review and approval for compliance with code and planning regulations in force at the time of the application. 3. Future changes of use that expand present uses or employee counts may not be allowed unless it can be demonstrated that the on-site parking is sufficient. 4. The covenants set forth herein constitute covenants running with the land, shall be binding upon the Property, and shall be binding upon Owner and its assigns. 5. The provision of this Parking Covenant shall continue in full force and affect in perpetuity from the date hereof, unless terminated with the express consent of the City as set forth in an executed and acknowledged instrument recorded in the real property records of King County, Washington. IN WITNESS WHEREOF, Owner and the City have executed this Parking Covenant as of the date first written above. OWNER: Sprint Communications Company L.P. Brandon Fergersbn Real Estate Negotiator City of Renton, WA By: Aleja247,_ / Name: 10e;1 aiRfis Title: [leve/opste�� 5e vV/SPS Sprint Network Real Estate ✓e'G7�'j ARNP Sja pRN 3 16 7 4-0 ACKNOWLEDGMENT CITY OF RENTON, WA STATE OF WASHINGTON COUNTY OF KING On this 1-G day of .s 4_L , 2005, before me personally appeared N L W!}k to me known to be the ;JQJL WA-09.5 Aa u. S(1e S. rP - of the City of Renton, Washington, that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of the City, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument and that the seal affixed is the seal of said City. In witness whereof, I have hereunto set my hand and affixed my official seal the day and year first,Abave.Wxitten. %04 � h [Notary Seaf] Q �ssio'ti F+'•.FT��i o torAAY 9m:-A s ';0,cnA• PUBUin C Notary Publ and for the 1 -7 %▪ ;6.P9_p-�....*: State of Washington ,'4,��OF WASN0� Residing at: 'f en4A•^ My Commission t)visee' -21-47 t9e2ewt-z-e" SPRINT COMMUNICATIONS COMPAN L.P. On this ,t-11 day of v , 2005, before me personally appeared G1 r d Fe r .e rs o-, to file known to be the Real Estate Negotiator of Sprint CommunicatioCompany L.P., that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of Sprint, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument and that the seal affixed is the seal of said County and/or State. In witness whereof, I have hereunto set my hand and affixed my official seal the day and year first above written. [Notary Seal] ANITA C. HERti1ACH at.t.(Zt. ' S7-0044-etel"L— Notary Pic State of Kansas Notary Public in and for the My Commission Expires 3`4-d7„ State of Kansas Residing at: CderAC/71 K5 My Commission Expires: 3- -v 7 Sprint Network Real Estate ARNI5S/ i PRN .�,v`jco EXHIBIT A PROPERTY LEGAL DESCRIPTION PARCEL A: LOT 16 THRU 25, INCLUSIVE, AND LOTS 34 AND 35, BLK 22, C.D. HILLMAN'S EARLINGTON GARDENS ADDITION TO THE CITY OF SEATTLE, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 17 OF PLATS, PAGE 74, IN KING COUNTY, WASHINGTON;EXCEPT THAT PORTION CONVEYED TO THE STATE OF WASHINGTON UNDER KING COUNTY RECORDING NO.5438167. PARCEL B: LOTS 36 AND 37, BLOCK 22, C.D. HILLMAN'S EARLINGTON GARDENS ADDITION TO THE CITY OF SEATTLE, DIVISION NO. 1, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 17 OF PLATS, PAGE 74, IN KING COUNTY,WASHINGTON. PARCEL C: LOT 38 AND THE WEST 60 FEET OF LOTS 39 AND 40, AND THE SOUTH 20 FEET OF THE EAST 135.05 FEET OF LOT 39, BLOCK 22, C.D. HILLMAN'S EARLINGTON GARDENS ADDITION TO THE CITY OF SEATTLE, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 17 OF PLATS, PAGE 74, IN KING COUNTY,WASHINGTON;EXCEPT PORTION CONVEYED TO THE STATE OF WASHINGTON FOR HIGHWAY, UNDER KING COUNTY RECORDING NO. 5438165. Sprint Network Real Estate ARNMi5 t_PRN3 ° • • . . . . . , . . . . • • . , • • . . .• • . : •. tiirn Address: City Clerk's Office 200(00515000442 „... City,bf Aentqfk: CITY OF RENTON COV i4 00 105.5 s;:: PAGE 001 OF 007 05/15/2000 09 58 ReshtoriWA .§8055..„ KING COUNTY, WA • Please print Or type.khforniatioh Document Titles(s);‘,..,..? PARKING CQVglitiNVAGREEMENT . . „.. Reference Number(s)of Documents assigned or released: —* [on page of document(s)] •:• •:• C:3 ••• • • C73 Gran tor(s) (Last name first, then first naiiit:a.nd • I. WAPO:,'Investments, L.L.0 Lr) 2. 3 •••• CD 4. D Additional nanies on page of document Graiitee(s)(Last name first,then first name and initials) . . . 1...,,"City.of Renton .... • Additional naines on page__of document Legal•Descriptioli(abbreviatedi e,.lot;'block,plat or section,township,range) • : BLK 22 LOT: 16 THT.i.,6 25 re”1iI .JLMPNS .E4RLINGTON GARDENS 81 LOTS 16 THRU 25 LESS ST.':HNY TOW LOTS 34 TfiRLI 38 TOW LOT 39 LESS N 20 FT OF E 135 05 FT TGN FrOF LOT 40 LESS ST...HWAY Additional legal is on page of document Assessor's Property Tax Parcel/Account Number!' 334040 380506 . . . . • .• ..•. • • • 0 Additional legal is on page of document • ••• . • „ , , .„ The Auditor/Recorder will rely on the information provided on the form. The staff will tlot:;ead the .„ document to verify the accuracy or completeness of the indexing information_provided ••• •::•• ;: •:. Sprint Network Reall7m-atr ARNi551SL PP 3 16 76,0 • • . . • . . . • • • PARKING COVENANT . . . . . Grantor WAPO Investments, L. L. C. Grantee City of Renton, WA . ... :iAbbreviated Legal 1415 Maple Avenue South . Refiton AN.A Tax Assessors Parcel No. ",-334040.-3805 ,f? This Parking Covenant is made on this. 6day 41,-Le 2000, by WAPO Investments, t L. .Washington limited liability company (the "Owner"). RECITALS: A. Owner owns that certain building located at 141:5:MaOleAvehue South, • ,••• . 0 in the:iCitVsof Renton, County of King, Washington (the "Building") which sits on the tract of real property described on Exhibit A attached hereto (the "property"). LJ, B. Owner has tedSed. the Building and all parking andobtsidebreas to MCI WORLDCOM Network Services, Inc., a Delaware corporation (the • - C=1 Tengrin IP.S.1 that certain Equipment Site Lease Agreement dated October 1999 (the "Leasel. C. Tenant has subrhittec.fto.the QIN of Renton (the "City") a site plan (the "Site Plan") fot'the construction of technical space and supporting office space (the "Project") within the BOilding, The Site Plan has Project Number 990354. In connection with the Site Plan Owner has requested a modification from Section 4-4--080F10 of the City's parking regulations in order to provide sixteen (16) parking stalls lessthanthe minimum number of on-site parking spaces required by code, but more than sufficient for Owner's employee,cbunt at full erhployment,, D. The City has agreed to approve the"requested parking-modification, provided that Owner executes and records upon substantial completion of this Project this Parking Covenant as a covenant running With the land."::: M\pkcerng foim‘sparking I Lai*and'ikthhC Policy Group Renton,WA March 28.20.60 Sprint Network Real Estate ARNJ SSISj pR_N i‘ 4'0 • AGREEMENT NOW, THEREFORE, in consideration of the covenants contained herein, and for other good and valuable consideration, Owner hereby agrees as followsThe sixteen (16lparking stalls will be referenced in Recital B, above, • ..:'• Will be provided as follows a. Thirty:4)ne,:f parking' stalls of the existing forty-seven (47) parking stalls will have striping removed upon substantial cornpletiory.of the project b. Upon tetrnintitin of Tenant's Lease and any renewals . thereof,..,Owner:::agrees tqfpinstptp.fh6 thirty-one (31) parking stalls for d.fotcil of forty-seven (47) parking stalls , upon forty- five (45) days of written noticeby'the-Adrninistrator of the City's Planning/B611dind/Py.b116 Work pep6rtmerir,:,which request shall be at the Administrator!S sOle Onc.Vccirnplete .• -•••,... discretion. . . •:.. „..••• „ .:' c.: Sixteen (16) stalls will be striped upon substantial completion of the ProjectLt . ,,,,• . . ,, . 4=1 22:—. Upon application for any change in use, tenaht. improvements, (73 butindind permit or business license for a new occupancy for the subject property,a parking analysis must be submitted for the City's review dnd approval for compliance with code and planning regulations in force at)-he time of the application. 3. Future changes bf use that expand present uses or employee counts beyond those currently submittedbythe Tenant may not be allowed unless it-can be demonstrated that the on-site parking is sufficient. • : • , . 4. The covenants set forth herein,:constitpte:'-cdvenants,rpnning with the land, shall be binding upon the Property, and shall be binding upon Owner and its assigns. • • M 1pkoenig\formlsparking 2 Ld Nbitel'ohey Group Renton,WA March 28,200b . : . Sprint Network Real Estate ARRiSSiS pRN 3 i 4:74o . „ • • • . . . • • . . The provision of this Parking Covenant shall continue in full force and effect in perpetuity from the date hereof, unless terminated •:--- With the express consent of the City as set forth in an executed and acknowledged instrument recorded in the real property records of ..:Kin6d6unty, Washington. IN WITNESS • WHO?FdP, Owner has executed this Parking Covenant as of the date first written db9ve. OWNER: ••' WAPO Inves:tments, L. L C. c:=> ,r) By: • .TorgmyLu, President: • CLD C=, City of Reptan, WA •!Ilk Ada - r ame• • ". A-t-1,9-v N. Tit IVVFAAV 1\4E24i D I R-6 Crof2-- •• • . . . . . . M\pkoerug\fornAsparking 3 1:gie.andgiblici'oheybroup Renton,WA March 28,2000 Sprint Network Real Estate MINIS 5 PRN I 61-1 ° • . . ACKNOWLEDGMENT • • • WAPO INYESTMENTS, L. L. C. ,• „ . ..„ . ::. TATE,OriYsIA5HINGTON COUNTY OF e..jaN .... , . On ,26414/day::,0fP&I , 2000, before me personally appeared Tommy Lu known to be tlele President of WAPO Investments, L. L. C. that eXedufedlhe:witnin,,tind:rofqgqing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said company . •, for the uses and purposes therein mentioned, and on oath stated that he was authonzed to execute said inStrufnent and Jhat the seat affixed is the company •::. seal of said company:,' :••• .:•••• In witness whereof, I havp;•:hefeOntasefroi hand and affixed my official •:. • se9lle..04%.c4pd year first above written •••• ..... 9SiOA, 64l • c.) ;11i0.12Ztr'6 .fct;•:Vio , : , E•02„: „ m: :, '., 4. • ' feLics •:% Notary: 4.1ioln-ancyfor the 45 ' 1 W; State of W:ashAigton • Residing at'.'-'&001-filJ WA My'Cbrinr3fon::EViie-i::.ue-T I zov -) , :. • s • . . . . : .. .• • . . : .• : • -• • • • , . . . . . ••• ;: " ... . , M 1pkoerug\fonn\sparlang 4 LaWkocIPublIc Policy croup Renton,WA March 28 200 • F•print Network Real Estate Apal S S pRN 3t6 r/ o . • , . • ACKNOWLEDGMENT . , CITY OF RENTON, WA , . . STATE OF WASHINGTON COUNTY OF XING,. On this 16. day cyr,---kn 2000, before me personally appeared SA h top*Pnowreto bo thebou. :rock& of the City of Renton,Wcishingforis,that executed fhei within and foregoing instrument,and acknowledged the said itistrunlentto be the free and voluntary act and deed of City, for the uses.and purposes therein mentioned, and on oath stated that he was authorized to execute instrument and that the seal affixed is the seal of said City. In witness whereof, I have hereunto set my hand and affixed my official seal the day and year first above written • - sa ' VAMCHEFF [Nib oi a ..HPUbLIC sTATE o0 wAtFikaToN commi§sioN ExpREs Notary PO. kin and for th JUNE 20,20.03 State of Wbslislipkgt6n,''' Sf Residing at: my Commission Expires WALYN KAIACHEFFMV7,7 • APPOINIV9IT EXPIRES:640111 . . . . . • . . . • • • , • . . • . • . v.. • .,pkotrug\form‘sparking S Lt.,:and hroup Renton.WA March 28,2000 Sprint Network Real Estate ARNISSiSt PRI•13/4?'76'° • X E HIBIT A Landlord's Property PARCEL A: Lots 16 through25, incluse, and Lots 34 and 35, Block 22, C. D. Hillman's Earlingtori Gardens Addition to the.._.City of Seattle, according to the plat thereof recordea,in volume 17;of Plats page 74, in King County, Washington; EXCEPT portion conveyed to the State of Washington under King County c•DRecording Na. 543816.7. o PARCEL B: N Lots 36 and 37, Block 22, C .D.:Hillmari`'ss`Earlw gton Gardens Addition to the City of Seattle, Division No. 1, according to the plat::theredf recorded in Volume 17 of Plats, page 74, in King County;:Washingt•on •. PARCEL;C: Lot 38::and the west 60 feet of Lots 39 and 40, and the south 20.'feet of the east 135.05 feet of:Lot39, Block 22, C. D. Hillman's Earlington Gardens.Addition to the City of Seattle, according to the plat thereof recorded sn Volt me 17 of Plats, page 74, iryKing'County,..Washington, EXCEPT portion conveyed to the State of Washington for highway;under King County Recording No. 5438165. • • M\pkoemg\form\cpazkung 6 Lab•and•1subhc:Pohry droop .•. Renton,WA March 28 2000 Sprint Network Real Estate A N1SS.gs_LPRN3(lo 7(06